electric cars
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EV buyers may get an instant rebate for car purchases starting in 2024
Car dealers can give buyers an instant rebate for purchasing certain electric vehicles starting in January of 2024, according to new guidance released by the IRS.
Ford is building a rally version of the Mach-E
Ford has announced that it's building the Mustang Mach-E Rally, an off-road version of the Mach-E with extra power, a raised suspension and more.
Take a first look at Formula E’s new Gen3 car in action
Take a first look at Formula E's Gen3 vehicle on a track at England's Goodwood in the form of the Mahinda M9 Electro, with Nick Heidfeld at the wheel.
Tesla can now insure your EV in Colorado, Oregon and Virginia
Tesla is now offering data-based insurance in Colorado, Oregon and Virginia, and Nevada might not be far behind.
Renault Nissan Mitsubishi Alliance confirms plans to build 35 new EVs by 2030
The Renault Nissan Mitsubishi Alliance has announced plans to spend $25.8 billion (€23 billion) with the aim of having 35 EVs by 2030.
Tesla will reportedly move stores out of high-end malls and use remote fleets
The days of seeing Tesla stores in fancy malls and retail centers may be over, according to a report from Electrek.
Tesla recalls almost 6,000 cars due to loose brake caliper bolts
Tesla is recalling 5,974 electric cars, CNBC reports, based on documents released by the National Highway Traffic Safety Administration.
Xiaomi confirms it is getting into the EV business
Xiaomi has confirmed an earlier report that it will start an electric car business, with an initial investment of $1.5 billion and $10 billion over the next 10 years.
Tesla cuts prices for entry-level Model 3 and Model Y
Tesla has cut the base prices of the Model 3 and Model Y as it hopes to keep EV sales high.
Tesla Model 3 2021 refresh offers more range and other improvements
Tesla’s 2021 Model 3 and Model Y EV configurators are now online, and they show substantial improvement in range for both models, along with some other improvements.
Tesla trails the pack in its first JD Power car quality study
Tesla has appeared in JD Power's car reliability study for the first time -- at the back of the list.
Tesla's losses narrow after a record-breaking quarter of car deliveries
Tesla may have broken a quarterly record by delivering 95,356 cars over the past three months, but its latest earnings report is leaving its fans and its stockholders wary. Yes, all those cars delivered helped the company rake in a total of $6.35 billion in revenue, up considerably from the $4.5 billion Tesla reported in its first quarter. Even so, those revenue figures didn't quite live up to Wall Street's expectations; couple that with the $408 million loss the company also reported, and it's little surprise that Tesla's share price has taken a bit of a drubbing in after-hours trading. (At time of publication, its stock price had dipped around 10 percent.)
Ford confirms it will build a car using VW's EV architecture
What was once rumored is now official: Ford is going to use VW's electric car platform, called MEB, for some of its own battery-powered vehicles. The announcement builds on the "global alliance" that the pair announced back in January. Ford says it will use VW's MEB to build "at least one high-volume fully electric vehicle" in Europe "starting in 2023." The MEB framework is already being used in a variety of yet-to-be-released EVs by Volkswagen and its subsidiary brands. Ford is the first external company beyond e.GO Mobile AG, a German EV startup, to use MEB, however.
Maryland is already out of EV tax credits for 2019
Maryland's electric vehicle (EV) tax credits are so popular, they're already gone. According to the state's Motor Vehicle Administration, the $6 million fund meant to cover the tax credits was depleted before the fiscal year began on July 1st. The state offers a $100 credit per kilowatt-hour of battery capacity for EVs and plug-in hybrids (with a maximum $3,000 rebate), but so many drivers have applied for the credit, there's a waiting list with more than 700 applicants.
Smart cars are disappearing from North America
Daimler is no longer going to sell its eye-catching small Smart Fortwo electric cars in North America. The company told TechCrunch that the 2019 model will be the last to be available in the United States and Canada, just two years after deciding to stop selling the gas-powered version of the vehicles in the region. Daimler plans to instead focus on launching its Smart line in China. Existing Fortwo owners will still be able to get their cars serviced by Smart or at authorized Mercedes-Benz dealerships.
Samsung makes a big play for electric cars by nabbing a battery pack firm
Samsung wants to ensure it's as integral to the electric car world as it is to the mobile arena. The Korean electronics giant is acquiring Magna International's battery pack arm, Magna Steyr, which will fit nicely inside of Samsung SDI, its component division. SDI has already scored a major deal with BMW providing batteries for its new i3 electric car and i8 hybrid, and it will make up eight percent of Tesla's battery supply this year (it's also in talks to build even more). Having more battery smarts, naturally, should make Samsung a stronger competitor to Panasonic, which is Tesla's biggest suppler, as well as its partner for the massive "Gigafactory" battery plant. You might also remember Magna as one of the companies Apple reportedly talked to for its rumored electric car project.
The Daily Roundup for 04.04.2013
You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours -- all handpicked by the editors here at the site. Click on through the break, and enjoy.
A123 Systems becomes America's latest EV battery maker to file for bankruptcy
Having been riddled with setbacks, including a major recall of faulty batteries supplied to Fisker Automotive, Michigan's favorite EV battery maker A123 Systems has filed for bankruptcy. It has also announced the sale of its main business units to rival Johnson Controls in a deal pegged at $125 million -- a sad fraction of the billion dollars it raised since it launched in 2001 (not least from government grants). It seems that neither fresh lithium ion innovations nor a potential deal with Chinese investors were able to keep the company out of the red, which leaves A123 on the road to nowhere -- right behind that other DoE-sponsored hopeful, Ener1.
Tesla Model S squares off against BMW M5 in drag race, gives EVs extra street cred (video)
We already know from our own experience that the Tesla Model S is a driver's car, with acceleration and handling you wouldn't expect from a big and quiet luxury sedan. There's still nothing like a drag race to help settle the matter. Automobile has pitted the upscale EV against one of its more conspicuous rivals, BMW's M5, with performance results that might surprise those who would expect a 500HP, twin-turbo V8 to regularly come out on top. While we won't spoil the full results of the showdown video after the break, let's just say that even the M5's relatively wide torque band can only do so much when the Model S' electric motor is always at its peak. BMW's car may be better overall for those who want to travel long distances outside of certain routes, or to enjoy a burly exhaust note -- but there has to be a certain thrill for Tesla drivers who know they can hang with the speed kings while helping the environment.
Better Place founder Shai Agassi steps down from CEO post
Shai Agassi has guided Better Place's vision of swap-and-go battery stations for electric cars since it was founded five years ago, but now he's stepped down as the firm's CEO. Evan Thornley, who helmed the organization's Australian efforts, has taken up the mantle of global chief executive officer, while Agassi will continue his role as a board member. As the Wall Street Journal notes, the changing of the guard comes at a time when the company has been spending cash faster than it's generating revenue thanks to the construction of battery swap stations. Idan Ofer, Chairman of the Better Place Board of Directors sees this as "a natural point in the company's evolution to realign for its second chapter and for the challenges and opportunities ahead." Something tells us they wouldn't mind if future chapters are filled with more swappable batteries than Superchargers.
